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7 Ways to Save Money on Groceries without Clipping Coupons

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This is on top of an 11% rise in retail food prices from 2021 to 2022, according to the Government Accountability Office (GAO), the most significant increase in 40 years. Other reasons include: Increased labor costs: The cost of producing food is rising as the labor market tightens. That’s 200% higher than prices in 2021.

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Avoid Using “Buy Now, Pay Later” By Planning Ahead

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But while it can be a convenient way to make purchases and get the things you need without using a credit card, it can also become a financial headache if you aren’t careful. Falling behind on payments can mean late fees and possibly even a dip in your credit score if the problem isn’t fixed quickly. Plan ahead.

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3 Ways to Avoid Overspending During the Holidays

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Every January, we would find ourselves with a large credit card balance and would have to adjust our goals to make up for it. They add up and increase our overall cost of living. . When we just focus on the cost of something, it’s easy to spin those numbers and convince yourself that you can always afford it.

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4 Smart Money Moves to Plan for Financial Security

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Maybe you dream of attending drama school one day or purchasing recording equipment to help with your podcasting side gig (don’t we all?). This goal is more expensive than I’d like to admit, so I strategically plan for those purchases by saving for them on a monthly basis. For me, this is collecting limited-release sneakers.

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Rent vs. Buy: What’s the Right Decision for You?

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The shift from renting to purchasing a home typically occurs in someone’s early 30s, according to Palim. “As They didn’t have the income or credit to buy and struggled with student loan and credit card debt, so it was harder to save for a down payment.”. Average rents rose 16% in 2021, according to Zillow.

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